home Stock Tim Hortons, franchisee group close to settling 2 class-action lawsuits

Tim Hortons, franchisee group close to settling 2 class-action lawsuits

Tim Hortons has been working more closely with its restaurant owners for the past year, its president said.Jonathan Hayward/The Canadian Press

Tim Hortons and an association representing some of its frustrated franchisees are close to reaching a settlement in two class-action lawsuits the group filed against the coffee-and-doughnut chain.

Tim Hortons and the Great White North Franchisee Association submitted term sheet signed by their respective legal counsel to justice Edward Morgan at the Ontario Superior Court of Justice Wednesday.

“I think both parties, we’ve worked really hard to reach this point and I think that it’s going to be positive for the Tim Hortons brand moving forward and for our guests and for Tim Horton franchisees,” said Mark Walker, the GWNFA’s president.